源聚合

Following its launch in 2023, Shibarium, a Layer-2 blockchain network for the Shiba Inu ecosystem, was widely seen as a major catalyst that could propel SHIB to new levels and potentially lift its price. However, over the past few months, activity and adoption on Shibarium have remained disappointingly quiet. Now, with the potential advancement and growing interest in the new ShibOS platform, momentum for a comeback could be building. Adding to this possible shift, SHIB whales have noticeably returned, with on-chain activity beginning to climb. 

Shibarium Revival Could Take Shape With The Adoption Of ShibOS

For most of the year, Shibarium has struggled to gain meaningful traction, unable to revive and return to the level of activity investors once expected. As the number of active users decreased, developers were slow to build on it, and the price of SHIB saw little to no reaction despite its strong community backing and Shibarium’s promise of greater utility and faster transactions. 

Although conditions look rather bleak, the narrative could shift as the new ShibOS platform grows and is increasingly adopted. ShibOS is a new Operating System designed to serve as the backbone of the Shiba Inu ecosystem. Rather than positioning SHIB as a simple meme-driven asset, ShibOS aims to create a functional environment where applications, utility, and identity features can thrive. 

The operating system provides a framework that connects traditional businesses and Web3 developers, enabling seamless integration of blockchain features. The concept behind ShibOS places the Shiba Inu community at the center of a broader technological transformation. It introduces a structure that supports Decentralized Applications (dApps) and self-governed digital identities while offering a gateway for Web2 brands interested in experimenting with blockchain technology. 

If developers and businesses begin adopting ShibOS and integrating it into their products, Shibarium could naturally benefit from the surge in activity. More applications would mean more transactions, increased users, and a healthier on-chain economy. This type of organic growth could, in turn, drive the demand for SHIB, potentially influencing its price. 

Shiba Inu Whale Activity Hits Six-Month High

Shiba Inu is also showing signs of renewed activity in terms of on-chain transactions. According to fresh data and a chart shared by SanSights on Santiment, SHIB whale activity has surged to its highest level since early June 2025. Over the last day or so, multiple accounts have reportedly made 406 transactions, each moving more than $100,000 in SHIB. 

At the same time, crypto exchanges have seen a net increase of 1.06 trillion SHIB, valued at roughly $15 million to $20 million—all deposited within 24 hours. This sudden increase in supply comes as prices surge unexpectedly this week, highlighting a rare convergence of bullish factors. 

Typically, when whale activity, large deposits, and price movements happen at the same time, it can signal upcoming big changes. It could either be that whales are accumulating for a stronger price rally or preparing to sell into the current momentum. 

Основатель инвестиционной компании Cyber Capital Джастин Бонс (Justin Bons) раскритиковал блокчейн XRP Ledger за высокую, по его мнению, степень централизации и назвал криптовалюту XRP инвестиционной аферой.

Spot XRP ETFs first debuted in the United States back in 2025, and since then, it has been a story of success. The very first, the XRPC by Canary Capital, opened the floodgates, and since then, multiple XRP ETFs have been approved by the US Securities and Exchange Commission (SEC), all to great success. As a result, Ripple CEO Brad Garlinghouse has taken time out to celebrate these approvals and the immense success that the ETFs have enjoyed since launch.

Ripple CEO Celebrates XRP ETFs’ Success

Earlier this week, it was reported that the XRP ETFs currently trading in the market have crossed $1 billion in Assets Under Management (AUM). While this is not out of the ordinary, with others such as Bitcoin and Ethereum Spot ETFs sitting at billions of dollars in AUM, the difference that XRP made is how fast it reached this target.

Garlinghouse took to the X (formerly Twitter) platform to share that XRP was the fastest cryptocurrency ETF to hit the $1 billion milestone. The anticipation and rapid buy-in from institutional investors saw inflows ramp up quickly, and in less than four weeks, crossing the $1 billion mark. Furthermore, this $1 billion milestone was in the United States alone, suggesting much higher figures from other regions.

This milestone prompted the crypto founder to elaborate on why this is, giving a number of reasons. The first is the fact that the market looks ready for more crypto-related products. The speed with which XRP ETFs crossed this milestone is evidence of rising demand, and with over 40 crypto products launched this year, Garlinghouse explains that this shows there has been “pent-up demand.”

In addition to the demand, there is also the rising demand for there to be more long-lasting investment options in the crypto market. The advent of ‘pump-and-dumps’ has done significant damage to crypto’s reputation. However, these “off-chain crypto holders”, who buy into these crypto products, are moving more toward “longevity, stability, and community.”

Quickly Become An Investor Favorite

Following the launch of the XRP ETFs, institutional interest has quickly blown up. According to the CoinShares Digital Asset Fund Flows Weekly Report, institutional investments in the altcoin managed to surpass that of Ethereum over the last week, putting it behind only Bitcoin.

As the report shows, net flows for XRP came out to 244.7 million, compared to only $39.1 million for Ethereum. This has brought up its AUM to $3.112 billion as of the latest report, showing a rapid increase in investment. Year-to-date inflows have also risen drastically, up to $3.1 billion from the $608 million recorded back in 2024.

Currently, there are a total of nine XRP ETFs trading in the open market. Additionally, there are still nine pending applications that are expected to be approved.

Планы основателя Strategy Майкла Сейлора (Michael Saylor) скупить все доступные биткоины и таким образом вывести первую криптовалюту из обращения экономически несостоятельны, объявил директор венчурной компании Mayside Partners, экономист и раввин Рам бен Зеев (Ram ben Zeev).

Председатель Strategy Майкл Сейлор (Michael Saylor) объявил о планах компании приобрести максимум доступных биткоинов. По его словам, это позволит вывести актив из обращения.

Суды Ливии переходят к практике наказания нелегальных майнеров реальными уголовными сроками — вместо штрафов, которые на практике оказались малоэффективной мерой борьбы с добычей виртуальных активов, заявил Офис Генерального прокурора Ливии.

312 криптокошельков, связанных с даркнет-площадкой Silk Road, активизировались после 12 лет бездействия и перевели 33,98 биткоинов ($3,14 млн) на неизвестный счет, сообщили аналитики Arkham Intelligence.

Cardano founder Charles Hoskinson has declared Midnight officially launched, describing it as the “first fourth generation cryptocurrency” and claiming it has already become “a billion dollar ecosystem heading to a $10 billion ecosystem.”

In a December 9 livestream from Colorado, recorded after he was forced to cancel an appearance at Abu Dhabi Finance Week due to severe food poisoning and a jet malfunction, Hoskinson framed the launch as both a technical milestone and an ideological statement about how cryptocurrencies should be built and distributed.

Cardano Founder Touts Midnight’s Fair Launch

Despite saying he had “not eaten in two days” and was “a little faded,” the Cardano founder focused on the scale and duration of the effort behind Midnight. “We worked on it for six years,” he said, noting “many false starts” and several technology changes before the team converged on “a roadmap and a technology stack that we feel is going to be the tech stack of the future.” Midnight’s rollout, he stressed, is structured in four phases, with the project now “in the very first phase” of that plan.

The next stage, according to the Cardan founder, will significantly expand Midnight’s capabilities. Over the coming months, the team intends to bring up a federated mainnet and an incentivized testnet, then activate “hybrid DApps with each ecosystem.”

He said “the next nine months is going to be a lot of fun” but also “a lot of work for all of us,” pointing to features such as “true hybrid applications, true multi-resource consensus, [and] true post-quantum folding schemes” that aim to “advance the state-of-the-art of all of the zero knowledge stacks.” The overarching goal, he argued, is “creating a natural easy way for people [to] get their privacy back.”

Privacy and chain-agnostic interoperability are at the core of how Hoskinson positioned Midnight. He said users are “starting to realize and starting to wake up that their privacy is not a guarantee and it’s not a given,” and criticized existing systems as “designed from the ground up to take your privacy from you.”

Midnight, by contrast, is framed as infrastructure that can be used by “every single blockchain in the space.” “What makes Midnight so special is the fact that Midnight is for everyone,” he said. “It has equal application to Solana users and Avalanche users and Ethereum users and Binance users and Cardano users and Bitcoin users and everyone else in between.”

The Cardano repeatedly emphasized distribution and launch mechanics as a deliberate rejection of the venture-driven model that dominates much of the industry. He highlighted that Midnight was brought to market “in a completely decentralized way” with “no ICO, no insiders, no VC participation.”

The outcome, in his view, is that “every single user enjoys the fact that it had a fair launch and a fair distribution and every single person was on equal footing through the Glacier Drop, the Scavenger Hunt, and now the exchange distributions.”

On that basis, he argued that “it’s still possible in 2025 to launch a cryptocurrency the way Satoshi did it” and “still possible to build something with vision and values where we can do better and not hand the world over to centralized actors, the finance of old.”

Hoskinson Warns Of Regulatory Overreach

He also used the Midnight launch to issue a broader warning about regulation and the direction of the industry if privacy-preserving infrastructure is not defended. “Right now the laws are being written. They’re written the wrong way,” he said. “If the rulemaking is done the wrong way, every single thing that makes cryptocurrency special will be taken from us.”

Hoskinson rejected a future where “only custodial wallets” exist, “every single person has to be KYC and AML,” and “only five or 10 protocols are pre-selected” and “armchair controlled by a small cabal of international bankers.” Instead, he said, “I want to live in a world where the protocols preserve and protect your rights as a human, your agency as a human, your economic identity as a human.”

Hoskinson described Midnight as “probably the fastest growing and most vocal project we’ve ever built,” pointing to “hundreds of ambassadors” coming online and a rapidly filling Discord, which he framed as a gathering point for those who believe in “freedom of association, commerce, and expression.”

He ended with a direct call to action: “I want you to join the Discord. I want you to become an ambassador and tell each and every person that we can do better. And I want you to build on Midnight.” Whatever network developers come from, he said, “just build something and show the world that you can do interesting and cool things,” adding that for him and his team, “we’re in it for life.”

At press time, Cardano traded at $0.4621.

Команда разработчиков блокчейна Polygon сообщила об активации обновления Madhugiri, ускоряющего обработку блоков и повышающего общую производительность сети.

On Tuesday, Bitwise announced the launch of the Bitwise 10 Crypto Index ETF (BITW) on the New York Stock Exchange (NYSE), allowing investors to gain exposure to a diverse range of cryptocurrencies in a single investment vehicle. 

This ETF includes ten digital assets: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Chainlink (LINK), Litecoin (LTC), Cardano (ADA), Avalanche (AVAX), Sui (SUI), and Polkadot (DOT). 

Notably, BITW marks the first exchange-traded fund by a major crypto asset manager to incorporate Avalanche, Sui, and Polkadot into its portfolio, as highlighted by Bitwise CEO and co-founder Hunter Horsley in a recent interview with CNBC.

Bitwise ETF Launches With Over $1 Billion In Assets

“This development significantly broadens the audience that can access these various assets, particularly for those digital currencies that lack a spot ETF,” Horsley explained on Monday. 

The fund is tailored for both financial advisors and smaller investors looking to utilize funds from individual retirement accounts (IRAs) or other retirement savings, where ETFs serve as the main investment option.

BITW represents a conversion from a prior index fund that encompassed the same digital currencies and has launched with over $1 billion in assets. 

The approval of Bitcoin and Ethereum ETFs back in January 2024 has led asset managers to compete for the chance to introduce ETFs that track a broader range of digital assets, including altcoins like Sui and Aptos, as well as memecoins such as TRUMP and Dogecoin (DOGE). 

However, these investment vehicles experienced major withdrawals in October and November, particularly for Bitcoin- and Ethereum-focused ETFs. These withdrawals reached record levels amid a broader sense of caution due to falling crypto prices. 

“The timing is ideal for many investors who have been paying attention since the Bitcoin ETF launch and are now looking for a more comprehensive way to allocate to digital assets without the need to select individual assets,” Horsley noted.

BITW Allocates 90% To Major Cryptos 

It’s important to emphasize that while BITW offers exposure to smaller cryptocurrencies in terms of market capitalization, its allocation to these assets is proportionately limited. 

Specifically, the ETF dedicates 90% of its holdings to Bitcoin, Ethereum, Solana, and XRP, with the remaining 10% allocated to the other tokens in the fund. 

The fund will undergo monthly rebalancing, a more frequent schedule compared to many exchange-traded funds in the market that typically rebalance quarterly or semi-annually. 

Bitwise further expressed its commitment to expanding access to cryptocurrency opportunities, stating in a social media post: 

At Bitwise, we’ve been working tirelessly since 2017 to expand access to the opportunities in crypto. Countless investors have requested an index ETP, and we’re thrilled that NOW, with BITW’s listing on NYSE, you have that option. We believe 2025 is a breakout year for this space, and we are more optimistic than ever about the opportunities ahead.

As of this writing, Ethereum is the best-performing asset in Bitwise’s new fund. It is trading at $3,323 and has recorded gains of up to 6% in the past 24 hours as it approaches key resistance levels. 

Featured image from DALL-E, chart from TradingView.com 

Криптовалютный рынок вошел в стадию консолидации. Торговая активность на биржах в значительной степени сузилась, сконцентрировавшись на биткоине, заявили аналитики компании Wintermute.

Хакер взломал аккаунт соосновательницы крупнейшей криптобиржи Binance И Хэ (Yi He) в китайском мессенджере WeChat, чтобы выполнить схему пампа и дампа с токеном Mubarakah. Злоумышленник смог заработать на этом около $55 000.

Крупнейшая криптобиржа Binance отстранила от работы сотрудника, подозреваемого в использовании служебной информации для получения личной выгоды, и выплатила $100 000 пяти информаторам, сообщившим о нарушении.

Swapper Finance has launched Direct Deposits in collaboration with Chainlink and Mastercard, aiming to bring global payments directly into the on-chain economy to more than 3.5 billion users worldwide.

Swapper Finance Launches Direct Deposits With Chainlink, Mastercard

On Tuesday, Swapper Finance, a next-generation payments infrastructure layer that connects global users to on-chain applications, announced the launch of Direct Deposits in collaboration with Chainlink, Mastercard, and multiple key partners.

Direct Deposits, which are live now, are set to bring “the global payments world directly into the on-chain economy through a unified, secure, and compliant flow,” powered by Chainlink Runtime Environment (CRE) and Mastercard’s recognized global network.

According to the announcement, users will be able to deposit into Decentralized Finance (DeFi) protocols using payment cards, crypto transfers, or Web3 wallets inside a single, end-to-end on-chain workflow for the first time.

Swapper’s Direct Deposits aim to unlock instant access to DeFi for billions of people worldwide by eliminating traditional bottlenecks, exchanges, and multi-step onboarding. This has historically required stitching together isolated systems, including Know Your Client (KYC) requirements, compliance, card payments, fiat conversion, settlement, and liquidity routing, which has created friction, high drop-off rates, and inconsistent security across the process.

Direct Deposits are set to replace this old-fashioned flow through one “unified, verifiable, on-chain orchestration layer,” with every component of the process executed inside a secure on-chain environment.

Roman Tirone, Senior Manager, Chainlink Build at Chainlink Labs, affirmed that “by unifying identity, compliance, token swaps, settlement, and more in a single orchestration layer, CRE is enabling the onboarding of billions of cardholders into the onchain economy.”

This creates a simple and familiar checkout experience that quickly moves a user from traditional finance to on-chain, supported by institutional-grade security and global reach. Meanwhile, the launch represents another step in Mastercard’s efforts to integrate traditional payment infrastructure with blockchain-based applications, helping it expand its digital asset strategy.

‘The Onboarding Layer For Web3’

Swapper’s launch will see multiple leading Web3 platforms integrate the Direct Deposits technology directly into their user flows, including Pi Squared, Stake.link, KyberSwap, AITECH, NPC, Teneo, BigWater, Rhuna, TrebleSwap, MyStandard, Landwolf, Dolomite, HyperSwap, Turbo, APU, and Radiant Capital, among others.

This signals strong demand for a unified card-to-on-chain standard, the announcement added, which suggests that Direct Deposits “are quickly becoming a foundational component for user acquisition across Web3.”

The launch also represents “deep technical collaboration across Mastercard, Chainlink, Swapper Finance, and key partners” to bring together payment authorization, compliance, execution, and liquidity routing in a single verifiable workflow powered by CRE and Swapper Finance.

Arthur, CTO of Swapper Finance, affirmed that “this is the onboarding layer we always believed the industry needed,” adding that Direct Deposits represent a “turning point” for how people enter the space as “the first truly unified onboarding layer for Web3.”

“Our goal has always been to remove the barriers that keep billions of people from accessing DeFi, and with this launch, that future becomes real,” Arthur stated, concluding that “Direct Deposits represent a turning point for how people enter Web3. For the first time, the process feels intuitive rather than intimidating. We expect this launch to dramatically expand the number of users who can participate in onchain markets.”

Компания Twenty One Capital, специализирующаяся на развитии связанных с биткоином финансовых продуктов, начала публичные торги на Нью-Йоркской фондовой бирже (NYSE) под тикером XXI.

Специалисты банка Standard Chartered заявили, что вынуждены пересмотреть свой прогноз курса первой криптовалюты, снизив целевой уровень цены к концу года с $200 000 до $100 000.

Canada’s tax authority has told investigators that roughly 40% of people using crypto platforms are at risk of not paying the right amount of tax.

Reports have disclosed the figure as part of a wider push by the Canada Revenue Agency to bring crypto activity into the tax system.

The move has already led to audits, court orders for data, and recovered funds, but criminal charges remain rare.

Audit Findings And Numbers

According to CRA figures, about 15% of flagged crypto users failed to file returns at all. Based on reports, another roughly 30% of those who did file are deemed high risk for under-reporting or other compliance gaps.

The agency’s specialist unit — reported to be around 35 auditors — has handled more than 230 audit files tied to crypto activity.

Canada’s crypto tax crackdown reaps millions. So why no criminal charges? https://t.co/iyRyZzC3rn

— BNN Bloomberg (@BNNBloomberg) December 8, 2025

Reports say the work has led to recovered tax payments that total over C$100 million, though some outlets put the recovered amount closer to C$72 million depending on which cases are counted.

Dapper Labs And Data Orders

One of the court actions targeted users of a platform run by Dapper Labs. The CRA obtained a court order seeking records for about 2,500 users, a slice of roughly 18,000 accounts that were originally on the agency’s radar.

The orders, and others like them, signal a shift: the CRA is increasingly asking judges to force platforms to hand over user data rather than relying only on audit notices.

This is because crypto records can be fragmented, cross-border, and hard to trace without platform cooperation.

Why Criminal Charges Are Limited

Based on reports and legal commentary, the CRA has won civil recoveries but has not seen criminal prosecutions in these crypto cases since 2020.

That gap highlights practical and legal hurdles. Tax fraud cases that go criminal require proof beyond a reasonable doubt that a person willfully evaded tax.

Many crypto cases involve messy transaction histories, unclear intent, or legal questions about how certain tokens should be taxed, and those factors can slow or block criminal referrals.

What It Means For Users And Platforms

For investors, collectors, and traders in Canada, the signal is clear: records matter. Reports note that other Canadian enforcement bodies, including financial intelligence units, are increasing checks on crypto firms and foreign exchanges that touch Canadian customers.

Platforms and users who kept poor records or who relied on assumed anonymity now face higher odds of being identified during audits or court orders.

Featured image from Unsplash, chart from TradingView

Bitget, крупнейшая в мире универсальная биржа (UEX), проведет в Москве новогоднюю встречу для журналистов, партнеров, блогеров и лидеров мнений.

Bitcoin is trading at a decisive moment, holding just above the $90,000 mark after several days of tight consolidation. Despite reclaiming this key level, the market continues to struggle with upward momentum, leaving traders uncertain about the next major move. Yet beneath the surface, a key on-chain indicator has triggered fresh interest among analysts. According to top analyst Darkfost, the Hash Ribbons have just flashed a new buy signal — a development that historically aligns with strong medium-term performance for Bitcoin.

Darkfost emphasizes that this signal is not a cue to rush blindly into the market, but rather a meaningful piece of data worth highlighting. Hash Ribbon signals typically appear during periods of miner stress, when mining difficulty forces weaker miners to shut down.

These moments often precede significant accumulation phases, as selling pressure from distressed miners fades. With the exception of the unprecedented 2021 mining ban in China, every previous Hash Ribbon buy signal has produced profitable outcomes for patient investors.

Understanding The Bitcoin Hash Ribbons Signal

Darkfost explains that the Hash Ribbons indicator is built around the evolution of Bitcoin’s hashrate, comparing the 30-day and 60-day moving averages to detect periods of miner stress. When the 30-day MA of the hashrate falls below the 60-day MA, it signals that mining difficulty is rising relative to miner profitability.

In these phases, less efficient miners are often forced to scale back operations or shut down entirely, reducing the overall network hashrate.

While mining difficulty itself is influenced by several factors — including electricity costs, hardware efficiency, block rewards, and, of course, Bitcoin’s price — the key point is that miner capitulation tends to create short-term selling pressure. Miners may liquidate part of their reserves to stay afloat, often contributing to temporary weakness in the market.

However, Darkfost emphasizes that these periods of stress historically present strong mid-cycle accumulation opportunities. As weaker miners exit and difficulty adjusts downward, the market often enters a healthier phase where selling pressure subsides, and long-term participants begin to accumulate BTC at discounted prices.

Over the years, Hash Ribbon buy signals have frequently marked early stages of major recoveries, offering investors a structural, data-driven advantage even when sentiment appears uncertain.

Testing Support as Momentum Weakens

Bitcoin continues to trade just above the $90,000 level, showing signs of stabilization after several weeks of heavy downside momentum. The chart reveals that BTC has bounced off the 100-day moving average (green), which is now acting as a key dynamic support zone. This level has historically served as an important midpoint during major pullbacks, and the market’s ability to hold above it suggests that selling pressure may be easing.

However, the price remains well below the 50-day moving average (blue), which has begun to curve downward — a signal that short-term momentum still leans bearish. For a stronger recovery, Bitcoin must reclaim this moving average and convert it into support. Until then, rallies may struggle to extend meaningfully.

Volume has also compressed significantly compared to the earlier stages of the uptrend. This decline indicates hesitation from both buyers and sellers, often typical during consolidation phases following sharp corrections. The lack of aggressive selling is a constructive sign, but the absence of strong buy-side interest keeps BTC vulnerable to further swings.

If Bitcoin holds above the $90K–$88K area, it could build a base for a broader rebound. A breakdown below this region, however, would open the door to deeper retracements toward the mid-$80K range.

Featured image from ChatGPT, chart from TradingView.com

Bitcoin (BTC) is trading uncomfortably close to the $90,000 mark, as a mix of macro caution, thinning liquidity, and shifting market structure continues to weigh on price action.

Related Reading: Wall Street Storms Ripple In Explosive $500 Million Deal

What was once a retail-driven ecosystem is now increasingly shaped by institutional flows, with U.S. spot Bitcoin ETFs attracting substantial assets, while on-chain activity trends in the opposite direction. The result is a market that moves, but with participation patterns very different from those seen in earlier cycles.

Bitcoin ETF Flows Rise as Retail Activity Falls

Since the launch of U.S. spot Bitcoin ETFs in early 2024, the network has experienced a steady decline in active on-chain addresses. Analysts attribute this partly to the “convenience trade,” in which retail investors opt for exposure through traditional brokerage accounts rather than managing their own Bitcoin wallets.

BlackRock’s IBIT and similar products now capture a growing share of BTC demand, even as the blockchain itself shows a decline in grassroots participation.

Industry experts argue that this shift fundamentally changes how value circulates in the Bitcoin economy. ETF issuers, not miners or network users, are now capturing a higher share of revenue.

SwanDesk CEO Jacob King describes this as a structural pivot toward off-chain monetization, with Bitcoin functioning more as a financial instrument than a peer-to-peer asset.

BTC Price Pressure Intensifies Around Macro Events

Bitcoin’s recent price behavior reflects both macro uncertainty and intraday volatility patterns. BTC has repeatedly slipped below $90,000 despite developments that historically would support bullish sentiment, such as Strategy’s (formerly MicroStrategy) latest purchase of over 10,600 BTC.

Traders remain cautious ahead of the Federal Reserve’s policy decision, where expectations for a quarter-point rate cut are high. Yet the hesitation is evident: rallies toward $92,000 continue to meet resistance, and liquidity remains thin across spot and derivatives markets.

Consequently, analysts warn that Bitcoin must hold above a key support level near $88,000 to avoid a deeper downside.

Institutional Trading Dynamics Shape Market Movements

A growing number of analysts suggest that predictable sell-offs around the U.S. market open reflect coordinated execution rather than organic selling.

Market watchers point to high-frequency firms, such as Jane Street, which hold large ETF positions, as possible contributors to these recurring patterns. While unproven, the consistency of these drops has added to trader frustration.

Meanwhile, miners face their own pressures. Hashprice has fallen to near-record lows, prompting operators to pivot toward AI infrastructure as mining profitability erodes.

Related Reading: CEOs Of Leading Banks To Discuss Crypto Market Structure With US Senators This Week

With ETFs absorbing demand, macro signals driving sentiment, and miners restructuring their businesses, Bitcoin now sits at a pivotal moment, supported by institutional capital but missing the retail pulse that once defined its cycles.

Cover image from ChatGPT, BTCUSD chart from Tradingview